Fine finish for Safestyle

A bumper year for cash generation at double glazing expert Safestyle (SFE) resulted in surplus funds that are being channelled into shareholders pockets by means of a generous final dividend. Last year, frame installation volumes grew 7 per cent, despite a contraction in the wider industry, as Safestyle increased its market share. Sales in the South East, where the group is actively expanding, climbed 17 per cent, while average order values were up nearly 4 per cent to £2,806. The upshot was a 10 per cent increase in underlying pre-tax profit to £16.8m.